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965 N Summit Ave, 
Pasadena, CA 91103

$1,699,000


9

Beds


6

Baths


4,275

Sq Ft


Multi-Family

Active

Listed by

Sam Shakerchi

Compass

310-230-5478

Last updated:

June 14, 2025, 02:16 PM

MLS#

25540149

Source:

CA CLAW

About This Home

965 N Summit Ave

965 N Summit is 6 Units for sale in Prime Pasadena. There are 2 Buildings consisting of 3 units per building. Both of those buildings sit on a very large 12,008 SF lot. Excellent value-add multifamily opportunity that features (6) total units: (3) 2 bed / 1 bath, (3) 1 bed / 1 bath and there is room to build 3+ ADUs (buyer to verify). Rents are currently on the lower side so there's about 20 - 30% upside to be had. Located in a strong rental area near transit, amenities, and the 210 freeway. A great option for investors seeking income, development potential, or a 1031 exchange opportunity. Projected GRM after Value-Add is a very low 9...Add units. Raise rents. Build equity.

Home Facts

Multi-Family

6 Baths

9 Bedrooms

Built in 1958

Price Summary

1,699,000

$397 per Sq. Ft.

MLS #:

25540149

Last Updated:

June 14, 2025, 02:16 PM

Added:

18 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

9

Bathrooms

Total Bathrooms:

6

Interior

Living Area:

4,275 Sq. Ft.


Structure

Structure

Architectural Style:

California Bungalow

Year Built:

1958


Lot

Lot Size (Sq. Ft):

12,008


Finances & Disclosures

Finances

Price:

$1,699,000

Price per Sq. Ft:

$397 per Sq. Ft.

Source:CA CLAW
The information being provided by The MLS/Claw is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 The MLS/Claw All rights reserved.

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